Financial Performance - The company's operating revenue for the third quarter reached ¥588,772,268, representing a year-on-year increase of 35.20%[4] - The total profit for the period was ¥62,538,626.86, showing a slight increase of 1.80% compared to the same period last year[4] - The net profit attributable to shareholders was ¥50,979,643, a decrease of 5.30% year-on-year, while the net profit excluding non-recurring items was ¥50,461,274.25, down 3.42%[4] - Total revenue for the first three quarters of 2025 reached ¥1,509,398,311.77, a 28.6% increase from ¥1,173,747,299.56 in the same period of 2024[19] - Operating profit for the first three quarters of 2025 was ¥171,749,190.39, compared to ¥134,710,495.48 in 2024, reflecting a growth of 27.5%[20] - Net profit for the first three quarters of 2025 was ¥145,567,256.49, up 21.3% from ¥120,008,748.84 in 2024[21] Cash Flow and Liquidity - The cash flow from operating activities for the year-to-date period was ¥45,791,152.52, reflecting a significant decline of 71.63%[5] - The net cash flow from operating activities was $45.79 million, a decrease of 71.6% compared to $161.40 million in the previous period[24] - Cash and cash equivalents at the end of the period totaled $113.71 million, an increase from $80.92 million, showing improved liquidity[25] - Cash inflow from operating activities amounted to $1.53 billion, an increase from $1.33 billion, demonstrating growth in operational performance[24] - The company paid $1.08 billion for goods and services, up from $899.66 million, reflecting increased operational costs[24] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥3,032,525,757.96, an increase of 43.13% compared to the end of the previous year[5] - Total assets increased to ¥3,032,525,757.96 in 2025 from ¥2,118,773,194.72 in 2024, marking a growth of 43.1%[18] - Total liabilities rose to ¥1,185,856,870.80 in 2025, compared to ¥1,046,454,664.82 in 2024, an increase of 13.3%[18] - Total current liabilities amounted to ¥1,134,132,062.17 in 2025, compared to ¥886,656,727.60 in 2024, reflecting a rise of 28.0%[18] Shareholder Information - The total number of common shareholders at the end of the reporting period is 30,349[12] - The largest shareholder, Yingzhengcai, holds 77,843,900 shares, representing 22.87% of the total shares[12] - The equity attributable to shareholders increased by 73.55% to ¥1,826,504,779.52, driven by the receipt of raised funds[5] - Shareholders' equity increased to ¥1,846,668,887.16 in 2025 from ¥1,072,318,529.90 in 2024, representing a growth of 72.0%[18] Research and Development - Research and development expenses for the first three quarters of 2025 were ¥51,108,228.08, up 34.1% from ¥38,117,504.31 in 2024[20] Non-Recurring Items - The company reported non-recurring gains of ¥518,368.75 for the period, after accounting for tax and minority interests[8] Operational Insights - The increase in operating revenue was attributed to growing customer demand, which drove sales growth[9] - The company has not reported any significant changes in the top 10 shareholders or their participation in margin trading[13] - The company has no new strategies or significant mergers and acquisitions reported during the period[14] - There are no reminders or additional important information regarding the company's operational status during the reporting period[14] - The company has not disclosed any new product or technology developments in the recent conference call[14] Cash Flow from Financing and Investing Activities - Total cash inflow from financing activities reached $1.30 billion, up from $599.88 million, indicating a significant increase in financing efforts[25] - The total cash outflow from financing activities was $869.08 million, compared to $548.75 million previously, indicating higher cash distribution[25] - The net cash flow from investing activities was -$407.80 million, worsening from -$202.15 million, reflecting increased investment expenditures[24] - The cash flow from investment activities included $155.29 million in cash inflows, significantly higher than $2.13 million in the previous period[24] - The company reported a cash inflow of $636.61 million from new investments, indicating strong interest from minority shareholders[25]

Core Points - Zhejiang Taihong Wanli Technology Co., Ltd. announced a change in its continuous supervision sponsor representative from Zheng Rui to Li Peng due to work changes [1] - Li Peng will join Zhou You as the new continuous supervision sponsor representatives until the end of the supervisory obligations set by the China Securities Regulatory Commission and the Shanghai Stock Exchange [1] - The company expressed gratitude for Zheng Rui's contributions during the IPO and continuous supervision period [1] Summary by Sections Company Announcement - The company received a notice from Dongfang Securities regarding the change of its continuous supervision sponsor representative [1] - The original representatives were Zheng Rui and Zhou You, with Zheng Rui now replaced by Li Peng [1] New Sponsor Representative - Li Peng is the new continuous supervision sponsor representative, with a background as the Managing Director of the Investment Banking Headquarters at Dongfang Securities [3] - He has experience in leading multiple successful IPO projects across various sectors, indicating a strong capability in investment banking [3]

证券代码：603210 证券简称：泰鸿万立 公告编号：2025-027 浙江泰鸿万立科技股份有限公司 关于更换持续督导保荐代表人的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 浙江泰鸿万立科技股份有限公司（以下简称"公司"）于近日收到东方证券 股份有限公司（以下简称"东方证券"）的《关于更换浙江泰鸿万立科技股份有 限公司持续督导保荐代表人的情况说明》。 东方证券作为公司首次公开发行股票并在主板上市项目的保荐机构，原指定 保荐代表人郑睿先生、周游先生具体负责公司持续督导期间保荐工作。现郑睿先 生因工作变动原因不再负责公司的持续督导保荐工作，东方证券现指派李鹏先生 为公司持续督导保荐代表人，继续履行保荐职责。 本次变更后，公司的持续督导保荐代表人为李鹏先生和周游先生。持续督导 期至中国证券监督管理委员会和上海证券交易所规定的持续督导义务结束为止。 公司董事会对郑睿先生在公司首次公开发行股票并在主板上市以及持续督 导期间所作出的贡献表示衷心感谢！ 李鹏先生的简历详见附件。 特此公告。 浙江泰鸿万立科技股份有限公司董事会 ...

Group 1 - The core viewpoint of the news is that 泰鸿万立 experienced a decline in stock price and had a negative net financing buy on October 16, 2023, indicating potential investor caution [1] - On October 16, 泰鸿万立's stock price fell by 1.77%, with a trading volume of 69.55 million yuan [1] - The financing data shows that on the same day, 泰鸿万立 had a financing buy of 8.07 million yuan and a financing repayment of 9.24 million yuan, resulting in a net financing buy of -1.17 million yuan [1] Group 2 - As of June 30, 2023, 泰鸿万立 had 38,300 shareholders, a decrease of 68.16% compared to the previous period [2] - The average number of circulating shares per shareholder increased by 214.11% to 1,920 shares [2] - For the first half of 2023, 泰鸿万立 achieved operating revenue of 921 million yuan, a year-on-year increase of 24.70%, and a net profit attributable to shareholders of 94.33 million yuan, up 42.57% year-on-year [2] Group 3 - 泰鸿万立, established on August 18, 2005, is located in Taizhou, Zhejiang Province, and specializes in the research, production, and sales of automotive structural and functional components [1] - The company's main business revenue composition includes structural components (71.24%), functional components (18.60%), scrap (7.90%), molds (2.11%), materials and others (0.14%), and other (0.01%) [1]

Core Viewpoint - Zhejiang Taihong Wanli Technology Co., Ltd. has announced a change in its continuous supervision sponsor representative, with Zhou You replacing Liu Junqing due to work changes, while Zheng Rui remains as a representative [1]. Group 1: Announcement Details - The company received a notice from Dongfang Securities regarding the change of its continuous supervision sponsor representative [1]. - Liu Junqing will no longer be responsible for the company's continuous supervision due to work changes, and Zhou You has been appointed as the new representative [1]. - The continuous supervision period will last until the obligations set by the China Securities Regulatory Commission and the Shanghai Stock Exchange are fulfilled [1]. Group 2: Acknowledgment and Background - The company's board expresses gratitude for Liu Junqing's contributions during the IPO and continuous supervision period [1]. - Zhou You is a director at Dongfang Securities' investment banking headquarters, a registered accountant, and holds a bachelor's degree in management from Fudan University, with extensive experience in investment banking [3].

Core Points - The company, Taihong Wanli, announced a change in its continuous supervision sponsor representative from Dongfang Securities [1] Group 1 - The company received a notice from Dongfang Securities regarding the replacement of its continuous supervision sponsor representative [1] - The original designated sponsor representatives were Zheng Rui and Liu Junqing, with Liu Junqing now being replaced due to work changes [1] - Zhou You has been appointed as the new continuous supervision sponsor representative to continue the sponsorship duties [1]

本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 证券代码：603210 证券简称：泰鸿万立 公告编号：2025-026 浙江泰鸿万立科技股份有限公司 关于更换持续督导保荐代表人的公告 附件： 本次变更后，公司的持续督导保荐代表人为郑睿先生和周游先生。持续督导 期至中国证券监督管理委员会和上海证券交易所规定的持续督导义务结束为止。 公司董事会对刘俊清先生在公司首次公开发行股票并在主板上市以及持续 督导期间所作出的贡献表示衷心感谢！ 周游先生的简历详见附件。 特此公告。 周游先生简历 浙江泰鸿万立科技股份有限公司（以下简称"公司"）于近日收到东方证券 股份有限公司（以下简称"东方证券"）的《关于更换浙江泰鸿万立科技股份有 限公司持续督导保荐代表人的情况说明》。 东方证券作为公司首次公开发行股票并在主板上市项目的保荐机构，原指定 保荐代表人郑睿先生、刘俊清先生具体负责公司持续督导期间保荐工作。现刘俊 清先生因工作变动原因不再负责公司的持续督导保荐工作，东方证券现指派周游 先生为公司持续督导保荐代表人，继续履行保荐职责。 浙江泰 ...

Core Insights - On October 13, Taihong Wanli's stock increased by 0.61% with a trading volume of 108 million yuan [1] - The company recorded a net financing purchase of 4.54 million yuan on the same day, with a total financing and securities balance of 83.88 million yuan as of October 13 [1][2] Financing Summary - On October 13, Taihong Wanli had a financing purchase of 11.26 million yuan, representing 5.19% of its circulating market value [2] - The company had no short selling activity on that day, with a short selling balance of 0 yuan [2] Company Overview - Zhejiang Taihong Wanli Technology Co., Ltd. was established on August 18, 2005, and listed on April 9, 2025 [2] - The company's main business involves the research, production, and sales of automotive structural and functional components, with revenue composition as follows: structural components 71.24%, functional components 18.60%, scrap 7.90%, molds 2.11%, materials and others 0.14%, and other 0.01% [2] Financial Performance - For the first half of 2025, Taihong Wanli achieved a revenue of 921 million yuan, reflecting a year-on-year growth of 24.70% [2] - The net profit attributable to the parent company was 94.33 million yuan, marking a year-on-year increase of 42.57% [2] - As of June 30, the number of shareholders was 38,300, a decrease of 68.16% from the previous period, while the average circulating shares per person increased by 214.11% to 1,920 shares [2]

Core Viewpoint - The company Zhejiang Taihong Wanli Technology Co., Ltd. is set to list its first public offering of shares, with a total of 1,803,132 shares becoming tradable on October 9, 2025, following a six-month lock-up period for the restricted shares [2][3]. Group 1: Listing Details - The company will issue a total of 85,100,000 shares in its initial public offering, with a total share capital of 340,400,000 shares post-IPO [2]. - Of the total shares, 266,812,434 shares are subject to restrictions, representing 78.38% of the total share capital, while 73,587,566 shares are unrestricted, accounting for 21.62% [2]. - The restricted shares being listed are part of the offline placement, amounting to 1,803,132 shares, which is 0.53% of the total share capital [3]. Group 2: Lock-up Period and Commitments - The lock-up period for the restricted shares is six months from the date of the IPO, which began on April 9, 2025, and will end on October 9, 2025 [3][4]. - Investors in the offline placement are required to keep 10% of their allocated shares under lock-up for six months, while 90% of the shares can be traded immediately after the IPO [4]. - The total number of restricted shares issued in the offline placement is 1,803,132, which is approximately 10.02% of the offline issuance total [4]. Group 3: Verification and Compliance - The sponsor has confirmed that the application for the listing of restricted shares complies with relevant regulations and that all shareholders have adhered to their lock-up commitments [5]. - The company has ensured that the information disclosed regarding the restricted shares is accurate and complete [5][6].

Core Viewpoint - Zhejiang Taihong Wanli Technology Co., Ltd. is set to list 1,803,132 shares of its first public offering for offline placement, which will become tradable on October 9, 2025 [2][4]. Group 1: Stock Listing Details - The total number of shares being listed for circulation is 1,803,132, which represents 0.53% of the company's total share capital of 340,400,000 shares [3][4]. - The shares being listed are part of the company's first public offering, which included a total of 85,100,000 shares, with 266,812,434 shares subject to trading restrictions [4][6]. Group 2: Lock-up Period and Shareholder Commitments - The lock-up period for the shares being listed was six months from the date of the initial public offering, which began on April 9, 2025, and is now expiring [4][6]. - Shareholders holding the restricted shares have adhered to their commitments during the lock-up period, ensuring compliance with the terms set forth in the company's public offering documentation [7][9]. Group 3: Regulatory Compliance - The company has received approval from the China Securities Regulatory Commission for the public offering, and the listing complies with the relevant regulations of the Shanghai Stock Exchange [4][9]. - The sponsor has confirmed that the application for the listing of the restricted shares meets all regulatory requirements and that the information disclosed is accurate and complete [9].